WashTec AG (LTS:0GJK) Price-to-Tangible-Book

: 14.96 (As of Today)

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As of today (2024-04-16), WashTec AG's share price is €39.15. WashTec AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.62. Hence, WashTec AG's Price to Tangible Book Ratio of today is 14.96.

The historical rank and industry rank for WashTec AG's Price-to-Tangible-Book or its related term are showing as below:

LTS:0GJK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.26 Med: 13.51 Max: 24.9
Current: 14.83

During the past 13 years, WashTec AG's highest Price to Tangible Book Ratio was 24.90. The lowest was 4.26. And the median was 13.51.

LTS:0GJK's Price-to-Tangible-Book is ranked worse than
95.89% of 2821 companies
in the Industrial Products industry
Industry Median: 2 vs LTS:0GJK: 14.83

A closely related ratio is called PB Ratio. As of today, WashTec AG's share price is €39.15. WashTec AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €6.41. Hence, WashTec AG's P/B Ratio of today is 6.11.

WashTec AG Price-to-Tangible-Book Historical Data

The historical data trend for WashTec AG's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WashTec AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

23.80

12.67

14.49

11.89

12.14

WashTec AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																11.89	12.98	25.28	16.83	12.14

Competitive Comparison

For the Specialty Industrial Machinery subindustry, WashTec AG's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WashTec AG Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, WashTec AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where WashTec AG's Price-to-Tangible-Book falls into.

WashTec AG Price-to-Tangible-Book Calculation

WashTec AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	39.15	/	2.617
	=	14.96

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

WashTec AG Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of WashTec AG's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

WashTec AG (LTS:0GJK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WashTec AG (LTS:0GJK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

WSU:Germany

Address

Argonstrasse 7, Augsburg, DEU, 86153

Website

https://www.washtec.de

WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

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